ES Futures Trade Idea - Trump Inauguration MLK weekMacroeconomic News:
US markets were closed yesterday for Martin Luther King Jr. Day. ES, NQ and YM futures saw mild gains yesterday, RTY futures outperformed.
As the 47th president of the United States, Donald Trump took the oath of office promising to protect the border, address inflation, and restructure trade policies. In addition to withdrawing from the Paris Climate Treaty and signing orders to cancel 78 Biden-era acts, he also started energy production reforms, such as drilling for oil in the Arctic. Trump discussed agreements over TikTok ownership, threatened global tariffs, and suggested imposing duties on the EU, Canada, and Mexico. He urged a speedy conclusion to the conflict in Ukraine and gave top priority to evaluating China's adherence to trade agreements. Trump stopped importing oil from Venezuela, emphasized energy independence, and lifted sanctions on Israeli settlers. The goal of bold measures is to put American workers and security first.
Following yesterday's strong selling pressure, which was brought on by the announcement that President Trump would not impose tariffs on the first day of his presidency, the dollar is now showing signs of recovery. Nevertheless, Trump's statement that he is considering 25% tariffs on Canada and Mexico and believes they would be implemented on February 1st shattered trade confidence overnight.
In our opinion, buy the rumor-sell the fact, sell the rumor-buy the fact, will likely be a key theme during Trump’s presidential term.
ES Futures update:
As we can see in the chart above, ES futures are currently above our Line in the Sand, Yearly Open at 5,949.25.
ES futures also made a higher low on Jan 13th, 2025 compared to Nov 4th, 2024 swing low.
ES futures formed a bull flag after the Dec 18th, 2024 FOMC announcement. Price has now broken out of the bull flag channel.
Key Levels to Watch
Key levels represent areas of interest and zones of active market participation. The more significant a key level, the closer we monitor it for potential reactions and trade setups in alignment with our trading plan.
Jan 6th Weekly Hi: 6,068.25
Jan 13th Weekly Hi: 6,051.50
Yearly Open | LIS (Line in Sand): 5,949.25
Resistance R1: 6,105 - 6,115
Resistance R2: 6,145 - 6,155
All time highs: 6,184.50
Scenario 1: Breakout continuation
Price has broken out of bull flag formation from the Dec 18th, 2024 FOMC announcement. Break above current area of consolidation marked in Blue zone forming the area between Jan 6th and Jan 13th Weekly Highs. Price heads towards R1, R2 and R3 targets.
Scenario 2: Further consolidation
Price further consolidates this week awaiting a catalyst to trend higher next week. Strong earnings season propels US futures and stocks higher.
We encourage you to monitor these levels closely and incorporate them into your trade planning. Share your thoughts or insights on these key levels in the comments below.
Cme!
BTC CMEAfter touching the weekly BISI, the price dropped behind the stops in the shorts, the daily BIs became an inversion and gave support to the price without pushing it down.
If this is a Екгьз rally, we will see how the price will react within 4 hours, a selling pattern is formed, there is inefficiency, a block of refusal is possible, which can lower the price to 0.5 range
Will this move be to fill the weekly BISI again or will it continue to send orders up?
Now those who entered long have opened positions, I think the price will follow their stops
BTC CME Short Model and Long ModelNow Bitcoin is in the Premium zone, where it is better to consider short positions for a short-term movement to the Discount zone. If the Market Maker goes for equal lows, which is a good exit point, or if the Market Maker goes long, then the exact entry will be better in the Discount zone, return to where the accumulation was, and see what candles will be formed at this level.
If we look at TOTAL 1 2 3, we will see that these assets are also in the Premium zone, which can also be good support for short positions.
BTC Target Price & Supports after 12/30/2024 structure break.BTC has broken its current market structure and is now seeking new support. I’ve identified three key support zones and a potential target price to monitor for the future. I plan to execute three trades, each with a 2% risk allocation. The exit strategy will be determined later, but for now, the target price serves as the anticipated level for evaluation.
Trade Idea 2024-12-30 and Review of 2024As the year comes to a close, we expect it to be a quiet week. If you haven’t already, now is an excellent time to set your trading goals for the coming year. Where will your focus be? Which markets will you trade actively? What is your risk management plan?
It is also a good time to complete a review for 2024 if you have not already! Keeping a trading journal is essential for tracking progress and learning from your mistakes.
Active trading, like other high-performance activities, requires resilience, focus, and a winning mindset, but even with these attributes, losses are a natural part of the process. Always trade with a clear plan, manage your risks effectively, and never trade with more capital than you can afford to lose.
As we wrap up the year, we are sharing a couple of the most popular charts we reviewed in 2024 and reflecting on the following questions we asked ourselves:
What has the market done?
What is it trying to do?
How good of a job is it doing?
What is likely to happen from here?
Volume profile provides key insights into market auction and interaction of buyers and sellers.
This is how we approach markets although there are many other ways of doing so.
Big Picture ES Futures:
Key Levels:
2024 mid point: 5574.50
2024 VPOC: 5441.75
2024 Value Area High: 5844.25
2024 High: 6184.50
Fib Extensions Target 1: 6388
Fib Extension Target 2: 6514.25
Fib Extension Target 3: 6590.75
Fib Extension Target 4: 6695.50
Big Picture BTC Futures:
Key Levels:
2024 High: 108,960
2024 Mid point: 77,865
2024 VPOC: 69,710
2024 Value Area High: 79,525
Key Support for Bulls: 78,000 - 76,000
Big Picture CL Futures:
Key Levels:
Composite Value Area High: 79.65
2024 Value Area High: 74.90
2024 Mid point: 72.14
2024 VPOC: 69.70
2024 Value Area Low: 66.70
Composite Value Area Low: 63.55
We await the start of the new year to further gauge short term price action, volume and ranges for the upcoming year! Happy trading from EdgeClear! We wish you all a great 2025!
Disclaimer: The views expressed are opinions and should not be interpreted as financial advice. Derivatives involve a substantial risk of loss and are not suitable for all investors.
Price Gap Examples - Bitcoin FuturesSharing for educational purposes only.
█ Three Types of Gaps
There are three general types of gaps:
Breakaway Gap
Runaway (or Measuring) Gap
Exhaustion Gap
█ 1 — The Breakaway Gap
The breakaway gap usually occurs:
At the completion of an important price pattern.
At the beginning of a significant market move
Examples:
After a market completes a major basing pattern, the breaking of resistance often involves a breakaway gap.
Breaking major trendlines signaling a reversal of trend may also involve this type of gap
Key Characteristics:
Heavy volume often accompanies breakaway gaps.
They are typically not filled (or only partially filled).
In an uptrend, upside gaps act as support areas on subsequent corrections.
A close below the gap is a sign of weakness.
█ 2 — The Runaway or Measuring Gap
The runaway gap forms:
Midway through a trend (uptrend or downtrend).
Indicates the market is moving effortlessly, usually on moderate volume.
Key Characteristics:
In an uptrend, it signals strength.
In a downtrend, it signals weakness.
Acts as support or resistance during subsequent corrections.
Why "Measuring" Gap?
It often occurs at the halfway point of a trend.
By measuring the distance the trend has already traveled, the probable extent of the remaining move can be estimated by doubling the amount already achieved.
█ 3 — The Exhaustion Gap
The exhaustion gap appears:
Near the end of a market move.
Key Characteristics:
Occurs after objectives have been achieved and other gap types (breakaway and runaway) have been identified.
In an uptrend, prices leap forward in a final push but quickly fade.
Within a couple of days or a week, prices turn lower.
█ Conclusion
By understanding the types of gaps and their characteristics, traders can better interpret market signals and anticipate potential trends or reversals.
█ Source:
Murphy, John J. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications. New York Institute of Finance, 1999. Chapter 4, "Price Gaps," pp. 94-98.
BTC CME Regression Trend Re-visiting an old chart, I put in a regression trend channel on March 11 2024, before the halving. BTC has just come back to the bottom part of that channel. Should retest bottom, then middle, another test, then test the top , in theory. nothing about the next 6 months is known. watch the liquidity cycle. Gonna get crazy, be safe, hardware wallets everyone!
Where from here? my thoughts are $225K, but..., ladder out at fibs, the 61.8's
Bitcoin’s CME futures gap gives a clue for the 1st big correctonAnytime you see a gap in price action like this they almost always get filled, and typically get filled sooner than later. So while there is a chance bitcoin could turn the current mild retracement into a deeper pullback that goes down to fill this gap, until the current support on btc is broken, which is the top trendline of the rising wedge it now currently has 3 consecutive daily candles above(not shown here), I think it’s more probable that bitcoin waits for a much more powerful resistance line that results in a much stronger rejection before it corrects back down far enough to fill this gap. If the current pullback doesn’t lead to the gap fill then my guess is once we retest the top green trendline of this group of channels:
That this would be the perfect time to have our first significant correction of the current parabolic phase of the bull market. I will be prepared for either zone to have a chance to fill that gap and plan accordingly, Also a few measured move targets around the 115 - 116k range so a pullback could potentially occur around that zone as well. *not financial advice*
BTC Futures Expectations: Anticipating the Next Market MovesTwo major macro events are now behind us; the Fed rate decision and more notably, the U.S. Presidential Election. With a clean red sweep, we have begun to see Scenario 1 play out from our previous post. However, given the surge of retail euphoria and excitement, this run towards the 90k mark was not entirely unexpected. November 11, 2024 has now set a crucial range for the weeks ahead.
Big Picture BTC Futures:
Key Levels to Watch:
pATH support: 78,960 - 77,155
Key Bull Zone: 68,100 - 65,500
Yearly Mid: 67,375
Yearly VPOC: 68,100
Scenario 1 — Consolidation While Capped by Weekly High and Monday’s Range
In this scenario, we can expect further consolidation as more participants enter the market.
Based on our current expectations, BTC may consolidate near new ATHs and above key pATHs support. Perhaps we may see another bull flag formation, which may fail at first and test the key pATHs support before another upward move. Here, the key would be shaking out late breakout traders, with a possible dip before another move higher as outlined.
Scenario 2 — Euphoria Turns to Frustration and Shakeout for Late Breakout Traders
In this scenario, we expect a deeper pullback that could be more intense—shifting the euphoria into gloom. A bottom signal will likely emerge as market sentiment turns bearish. BTC futures could dip back to pATHs, followed by a quick V bottom recovery that tests the confluence of yVPOC, key bull support, and yearly midpoint.
Scenario 3 - Sustained Bullish Momentum to 100K
In this scenario, a bullish run continues towards the 100K mark before it starts to cool down and consolidate between 90K and 100K price levels. This is a warning for those trying to time a top in BTC futures. It is better to plan than to step in blindly and fire from the hip.
Considering trading CME BTC futures? You can now access CME MBT Micro Bitcoin futures, 1/10th the size of one bitcoin, and CME BFF, Bitcoin Friday futures, sized at 1/50 of a bitcoin, Bitcoin Friday futures is a short-dated contract that provides an accessible, capital-efficient way to manage your bitcoin trading strategies.
Disclaimer: The views expressed are personal opinions and should not be interpreted as financial advice. NFA does not have regulatory oversight authority over underlying or spot virtual currency products. Derivatives involve a substantial risk of loss and are not suitable for all investors.
CME Gap Update: $77K-$80K ZoneThere is a recent CME gap sitting between the $77K and $80K range. CME gaps are known for being open levels in price that tend to get filled sooner or later. With this gap still unfilled, it’s crucial to keep an eye on this area as price action could revisit it in the near term, potentially acting as a pullback target or confirmation of further upward momentum. As always, traders should be prepared for price to retrace and fill the gap, especially if the current bullish trend continues. NFA.
BTC CME GAP- CME and cryptocurrency ETFs are important, but in different ways :
- The CME is more influential in terms of institutional trading, price discovery, and market structure, while ETFs play a crucial role in making cryptocurrencies accessible to a broader range of investors and driving market adoption.
- Don't focus on ETFs, they are still young and small in BTC/ETH market ( around 5% ).
- Chicago Mercantile Exchange are older.
- Wealthy investors are in BTC from 2017.
- This Gap have to be taken soon or later.
PS : the green line is EMA200
Happy Tr4Ding !
Beginning of AUDUSD workout. H4 03.09.2024Beginning of AUDUSD workout
Yesterday in the closed channel I recommended subscribers
to look for sales of the Australian dollar from the strong zone
0.6790-0.6816 with the perspective of corrective
fall to 0.6640+-
The price gave a reaction in the morning and I believe that
the push down will continue. It remains to cover a major
growth candle and then I will increase sales.
It is also desirable that the cumulative starts
to grow on the fall, they often get after that.
Already right now, even at 0.1 lot almost returned
the cost of a monthly subscription
Ethereum - CME Gap yet to be filled#ETH/USDT #Analysis
Description
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+ As shown in the chart, the Bitcoin CME futures gap is still unfilled.
+ This gap was created during the sudden market crash driven by recession fears.
+ Historically, 90% of CME gaps get filled sooner or later, and we expect the same outcome in this case.
+ Currently, the ETH price is around the support zone, and it appears to have recovered after hitting this level.
+ It's likely this gap will be filled in September, as it is typically a bearish month, but it should certainly be filled before the end of October.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
USDCAD in the area of option hedges. H4 29.08.2024 USDCAD in the area of option hedges
The price has entered the area of option hedges and margins at 1.3460.
However, given the strongly growing cumulative delta, there are concerns
whether it can go up without updating the low near 1.3440.
I think it will be pulled down first, ideally to knock out stops, capture liquidity,
show a culmination and then go into corrective growth. The nearest target is around 1.36
Rebound EURUSD before the start of correction H4. 22.08.2024Rebound EURUSD before the start of correction
On the Euro I expect a rebound to the area of 1.1170
and the start of correction there.
The rebound was made, but the nuance is that the cumulative
continues to fall,
which means that they can still make an outburst to fill
the culmination volumes.
Without them they are unlikely to make a downward reversal.
They may reach 1.12, where there is also a strong option resistance,
and then down.
In any case, I will not enter without confirmation of volumes
and I advise you to wait for the conditions.
CME gap still not closed! Expect uptake of price and more ATH Increadibly, CME is still open now with a secondary formation because of bitcoin volatility
The gap is marked with the orange box with range 59,445 and 62,470
Extremily possible that price will need to go there, so big players do not lose money
Another evidence that price will go there, is that the price of bitcoin is finishing a flag pattern
Target of bull flag is around 85,000 usd per CRYPTOCAP:BTC
Bitcoin - Reversal is imminent - CME Future Gaps#BTC/USDT #Analysis
Description
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+ It's unusual to see consecutive unfilled CME futures gaps, but recent market volatility has created just that scenario. Historically, CME gaps tend to be filled sooner or later, and current market conditions suggest that prices may be heading directly towards these gaps.
+ The appearance of two consecutive unfilled gaps is a rare occurrence. Given the strong historical tendency for these gaps to be filled, it’s likely that the market will attempt to revisit these levels.
+ The recent bounce from support has been robust, indicating strong upward momentum. This move bolsters confidence that the gaps will be filled in the coming weeks, especially as traders and investors often target these areas.
+ With the current price action showing strength after the bounce, it seems increasingly probable that the price is headed towards the gaps. If this momentum continues, we could see these gaps filled relatively soon.
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VectorAlgo Trade Details
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Entry Price: 57000
Stop Loss: 50000
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Target 1: 59900
Target 2: 61000
Target 3: 65000
Target 4: 70000
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BTC is approaching its bottom in the 51k areaIt seems that BTC is approaching its bottom in the 51k area, as seen from several indicators including:
1. Fibo 0.618 (goldenratio) correction from impulsive wave from January to March
2. Major support at 51k has not been visited since February
3. Finishing ABCDE correction wave
4. Bottom trendline descending channel formed since March
5. Liquidity heatmap is around 51k
6. CME gap at 58k has been filled, and another gap has emerged above in the 59.5k - 62k area
7. Fear and greed at 26 (FEAR)






















